| Show w LAST ANNUAL REPORT DEPUT Earnings s Were Over And Dividends NET J h for the Iho eur ei r Last 1 I rite annual report ot of the American nod or 01 thE urea April 30 1902 IR Ia al t last furnIshes seam In III lere will Le be given ho has put very much In the new smelter smeller nt at Murray anti has alto 1 a large lane ot of its tit tint of the Iho Utah ores III at the tOW us as report Is 18 not detaIled pro ho be given In general tire ns as t 1901 1902 Capital stOck 10 nil 1 I Nut Not eash ties lIeR 2 nail loss Iou Total ties In 0 Material fuel tuel and flux Total The Tho net cash liabilities above shown Ahon veto reduced to on 2 rho profit and loss account for the year 1901 1902 Earnings Betterments ts Interest taxes and expenses Total Net earnings liS as boo bool be below l low w Total i S OO Surplus II I ous year cur surplus Oly By vote YOle ot of the tho on G 0 1901 the SUIO sum of at was transferred Crom the Iho surplus at 11 the tha close ot of the tho your Clur ending n April 30 to property JOy By a 11 similar vote role ii 5 1902 the Bum um ot of nII as rout the to metal account and to that suni In putt lull expend ture tor or 10 property not nol tile to 10 U tig ateo ii I tH 1111 itu ituni ni In value o of taut met tauta a curried carried In stock This report covers tho tha earnings of the In the Iho United Slates and and Is III complete only vien It II 1 into Inlo con that the year eor the nIue lit t the property of the ras greatly hy by Improvements In the thA WR way or of building the to rho m lI r Ill destroyed by fire Val wac completely complete rebuilt Ih the Storm T 7 Jant VaR nt at least got ol under partial headway a 11 ness nel at 01 m hay boy wa ami tin Ih vol J It fo nt has hAR been Ill en at al the plait lit at Pueblo 1111 liae been |